Food priced at$300 in 2000→$453.28 in 2018

Food Inflation Calculator

Prices for Food, 2000-2018 ($300)

According to the U.S. Bureau of Labor Statistics, prices for food were
51.09% higher
in 2018 versus 2000 (a $153.28 difference in value).

Between 2000 and 2018:Food experienced an average inflation rate of 2.32% per year.
This rate of change indicates significant inflation.
In other words, food costing $300 in the year 2000 would cost $453.28 in 2018 for an equivalent purchase.
Compared to the overall inflation rate of 2.12% during this same period, inflation for food was
higher.

In the year 2000: Pricing changed by 2.26%, which is
below the average yearly
change for food during the 2000-2018 time period.
Compared to inflation for all items in 2000 (3.38%), inflation for food was
lower.

Price Inflation for Food since 1913

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing:
1917 (28.65%),
1921 (-24.20%),
and 1947 (21.43%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Food:

How to calculate the inflation rate for food, 2000-2018

Then plug in historical CPI values from above. The CPI for Food was 167.815 in the year 2000 and 253.558 in 2018:

253.558 / 167.815* $300 = $453.28

Therefore, according to U.S. Bureau of Labor Statistics, $300 in 2000 has the same "purchasing power" as $453.28 in 2018 (in the CPI category of Food).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Food in 1913. In addition to food, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.